Wave Entertainment (Thailand) Buy Hold or Sell Recommendation
| WAVE Stock | THB 0.11 0.01 8.33% |
Assuming the 90 days trading horizon and your typical level of risk aversion, our recommendation regarding Wave Entertainment Public is 'Strong Sell'. The recommendation algorithm takes into account all of Wave Entertainment's available fundamental, technical, and predictive indicators you will find on this site.
Check out Wave Entertainment Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. Note, we conduct extensive research on individual companies such as Wave and provide practical buy, sell, or hold advice based on investors' constraints. Wave Entertainment Public. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Wave |
Execute Wave Entertainment Buy or Sell Advice
The Wave recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Wave Entertainment Public. Macroaxis does not own or have any residual interests in Wave Entertainment Public or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Wave Entertainment's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Strong Sell
Market Performance | OK | Details | |
Volatility | Out of control | Details | |
Hype Condition | Stale | Details | |
Current Valuation | Overvalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Analyst Consensus | Not Available | Details | |
Reporting Quality (M-Score) | Inapplicable | Details |
Wave Entertainment Trading Alerts and Improvement Suggestions
| Wave Entertainment is way too risky over 90 days horizon | |
| Wave Entertainment has some characteristics of a very speculative penny stock | |
| Wave Entertainment appears to be risky and price may revert if volatility continues | |
| Wave Entertainment Public has accumulated 59.42 M in total debt with debt to equity ratio (D/E) of 0.75, which is about average as compared to similar companies. Wave Entertainment Public has a current ratio of 0.47, indicating that it has a negative working capital and may not be able to pay financial obligations in time and when they become due. Debt can assist Wave Entertainment until it has trouble settling it off, either with new capital or with free cash flow. So, Wave Entertainment's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Wave Entertainment Public sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Wave to invest in growth at high rates of return. When we think about Wave Entertainment's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the revenue of 286.04 M. Net Loss for the year was (692.76 M) with profit before overhead, payroll, taxes, and interest of 71.75 M. | |
| About 31.0% of Wave Entertainment outstanding shares are owned by insiders |
Wave Entertainment Returns Distribution Density
The distribution of Wave Entertainment's historical returns is an attempt to chart the uncertainty of Wave Entertainment's future price movements. The chart of the probability distribution of Wave Entertainment daily returns describes the distribution of returns around its average expected value. We use Wave Entertainment Public price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Wave Entertainment returns is essential to provide solid investment advice for Wave Entertainment.
| Mean Return | -0.12 | Value At Risk | -8.33 | Potential Upside | 8.33 | Standard Deviation | 5.29 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Wave Entertainment historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Wave Entertainment Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Wave Entertainment or Entertainment sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Wave Entertainment's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Wave stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | -0.15 | |
β | Beta against Dow Jones | 0.15 | |
σ | Overall volatility | 127.95 | |
Ir | Information ratio | -0.05 |
Wave Entertainment Volatility Alert
Wave Entertainment Public exhibits very low volatility with skewness of -0.18 and kurtosis of 0.17. Wave Entertainment Public is a potential penny stock. Although Wave Entertainment may be in fact a good instrument to invest, many penny stocks are speculative in nature and are subject to artificial price hype. Please make sure you totally understand the upside potential and downside risk of investing in Wave Entertainment Public. We encourage investors to look for signals such as email spams, message board hypes, claims of breakthroughs, volume upswings, sudden news releases, promotions that are not reported, or demotions released before SEC filings. Please also check biographies and work history of current and past company officers before investing in high volatility instruments, penny stocks, or equities with microcap classification. You can indeed make money on Wave instrument if you perfectly time your entry and exit. However, remember that penny stocks that have been the subject of artificial hype usually unable to maintain their increased share price for more than just a few days. The price of a promoted high volatility instrument will almost always revert back. The only way to increase shareholder value is through legitimate performance backed up by solid fundamentals.Wave Entertainment Fundamentals Vs Peers
Comparing Wave Entertainment's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Wave Entertainment's direct or indirect competition across all of the common fundamentals between Wave Entertainment and the related equities. This way, we can detect undervalued stocks with similar characteristics as Wave Entertainment or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Wave Entertainment's fundamental indicators could also be used in its relative valuation, which is a method of valuing Wave Entertainment by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Wave Entertainment to competition |
| Fundamentals | Wave Entertainment | Peer Average |
| Return On Equity | -1.84 | -0.31 |
| Return On Asset | -0.0949 | -0.14 |
| Profit Margin | (2.75) % | (1.27) % |
| Operating Margin | (0.71) % | (5.51) % |
| Current Valuation | 1.11 B | 16.62 B |
| Shares Outstanding | 8.64 B | 571.82 M |
| Shares Owned By Insiders | 30.90 % | 10.09 % |
| Shares Owned By Institutions | 4.31 % | 39.21 % |
| Price To Earning | (18.80) X | 28.72 X |
| Price To Book | 10.31 X | 9.51 X |
| Price To Sales | 4.15 X | 11.42 X |
| Revenue | 286.04 M | 9.43 B |
| Gross Profit | 71.75 M | 27.38 B |
| EBITDA | (480.39 M) | 3.9 B |
| Net Income | (692.76 M) | 570.98 M |
| Cash And Equivalents | 76.36 M | 2.7 B |
| Cash Per Share | 0.10 X | 5.01 X |
| Total Debt | 59.42 M | 5.32 B |
| Debt To Equity | 0.75 % | 48.70 % |
| Current Ratio | 0.48 X | 2.16 X |
| Book Value Per Share | 0.14 X | 1.93 K |
| Cash Flow From Operations | 76.39 M | 971.22 M |
| Earnings Per Share | (0.87) X | 3.12 X |
| Number Of Employees | 26 | 18.84 K |
| Beta | 1.29 | -0.15 |
| Market Capitalization | 2.07 B | 19.03 B |
| Total Asset | 877.23 M | 29.47 B |
| Retained Earnings | 320 M | 9.33 B |
| Working Capital | (644 M) | 1.48 B |
| Current Asset | 1.13 B | 9.34 B |
| Current Liabilities | 1.77 B | 7.9 B |
| Z Score | 20.4 | 8.72 |
| Net Asset | 877.23 M |
Wave Entertainment Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Wave . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Wave Entertainment Buy or Sell Advice
When is the right time to buy or sell Wave Entertainment Public? Buying financial instruments such as Wave Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
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Other Information on Investing in Wave Stock
Wave Entertainment financial ratios help investors to determine whether Wave Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Wave with respect to the benefits of owning Wave Entertainment security.